Copia Capital, a subsidiary of alternative asset manager FrontPoint Partners, has hired David Pritsker as a partner. Pritsker will oversee the administrative and financial management of Copia and work with FrontPoint to develop Copia’s platform. 

“I look forward to working with the Copia team in Chicago and their FrontPoint partners in Greenwich, Conn., to continue building their business and delivering a superior fund product to our investors,” said Pritsker.

Pritsker was most recently chief financial officer of hedge fund Magnetar Capital. Prior to Magnetar, Pritsker served in the same role at UBS Alternative & Quantitative Investments.

Tim Flannery, managing partner of Copia said, “David’s depth of experience managing other multi-billion dollar hedge fund businesses will make our investment management process even stronger.”

Copia has been on the FrontPoint Partners platform since August 2002. The firm and manages energy, utilities, industrials and materials sector strategies intended to generate risk-controlled, absolute returns.